14, CAROLINA WAY, TIPTREE, COLCHESTER, CO5 0DW - £310,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 CAROLINA WAY is a very small semi-detached house of 49m², built sometime between 1967 and 1975, which could now be worth an estimated £367,380. It was last sold for £310,000 in May 2018, which was around 11% above the average May 2018 semi-detached price in the Colchester local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was D.

14 CAROLINA WAY Sold Prices

Land registry data shows five sales for 14 CAROLINA WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. Most of the five 14 CAROLINA WAY sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 25 MAY	£310,000	£279,501	11% above HPI
2014 25 APR	£227,000	£200,726	13% above HPI
2011 10 JUN	£185,000	£183,619	1% above HPI
2008 9 MAY	£240,000	£194,665	23% above HPI
2004 12 MAR	£146,500	£160,335	9% below HPI

14 CAROLINA WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The five 14 CAROLINA WAY sales between March 2004 and May 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2014 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2018 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 14 CAROLINA WAY be worth now?

14 CAROLINA WAY might now be worth an estimated £367,380.

This is based on house price inflation of 18.5%, between May 2018 and February 2025, for semi-detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.5% inflationary increase is applied to the most recent sale price for 14 CAROLINA WAY of £310,000 on 25th May 2018. For the value to have increased from £310,000 to £367,380 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 14 CAROLINA WAY has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The May 2018 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 14 CAROLINA WAY has not materially changed since May 2018.

How Large is 14 CAROLINA WAY?

14 CAROLINA WAY is 49m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of semi-detached houses houses in Tiptree, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Tiptree, and where 14 CAROLINA WAY lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 14 CAROLINA WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

14 CAROLINA WAY: Plot and Title Map

14 CAROLINA WAY sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 14 CAROLINA WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 14 CAROLINA WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 14 CAROLINA WAY?

14 CAROLINA WAY is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 14 on CAROLINA WAY.